Cardano Archives - Cryptolifedigital

Cardano Seeks To Compete With Ethereum After Increases Contract Scalability

20May

By Daniel AbangNo Comments

Cardano

Cardano Seeks To Compete With Ethereum After Increases Contract Scalability

The recent development around Cardano after an increased contract scalability has built their confidence to compete with Ethereum. The Company was built in 2017 by Charles Hoskinson, since its inception the company has been making steady strides in the blockchain world, focusing on scalability, security, and energy efficiency. Their aim is to challenge Ethereum's dominance in the Blockchain Industry as the leading blockchain for dApps. The deployment of Hydra and the deployment of more smart contracts has given Cardano a boost making them competitors to Ethereum and consequently attracting people to the developers. Cardano’s Progress On Hydra Last week the recent development in Cardano’s ecosystem was launched, this was the introduction of the first mainnet compatible hydra. ...

CoinLedger Launches An Automatic Tax Reporting For Cardano To Ease The Calculating Of Their Tax Liabilities

31Mar

By OLAJIDE SAMUELNo Comments

Cardano

CoinLedger Launches An Automatic Tax Reporting For Cardano To Ease The Calculating Of Their Tax Liabilities

CoinLedger, a leading cryptocurrency tax software provider, has announced the launch of automatic tax reporting for Cardano (ADA), one of the fastest-growing cryptocurrencies in the market. This new feature will allow Cardano investors to easily calculate their tax liabilities and ensure compliance with local tax regulations. https://twitter.com/CoinLedger/status/1641487587603886090 Tax Reporting On Cardano With the increasing adoption of cryptocurrencies, tax reporting has become a major challenge for investors. CoinLedger's new automatic tax reporting feature for Cardano will simplify the process by automatically calculating capital gains, losses, and income based on the user's transaction history. This will enable Cardano investors to quickly generate accurate tax reports, minimizi...

Cardano’s DApps Hits A I6 Million Transaction Record, Having Its Unique Account Surges To 255.2K

4Jan

By OLAJIDE SAMUELNo Comments

Cardano

Cardano’s DApps Hits A I6 Million Transaction Record, Having Its Unique Account Surges To 255.2K

There has been a massive increase in the number of the Decentralized application on the Cardano chain (Cardano's DApps) over time spiking to 16 million transactions and also, the number of unique accounts on all DApps has also surged to a whopping 255.2K, according to data from Dapps on Cardano, an analytics platform dedicated to providing insight on projects built on the Cardano chain. The platform highlighted the achievement through its Twitter handle on Tuesday. Read Also: Santiment Declares XRP As The Crypto Pick For January. Here's Why https://twitter.com/dappsoncardano/status/1610219789330567169 Cardano's Dapps Completes Record Of 16M Transaction As stated in the data released, a total of 5.3 trillion ADA volume has been indexed across all the projects, having an avera...

Cardano To Roll Out Midnight, A Data Protection-based Blockchain For Developers And Humanity

19Nov

By CryptolifedigitalNo Comments

Cardano

Cardano To Roll Out Midnight, A Data Protection-based Blockchain For Developers And Humanity

In a recent development shared via the IOG CEO, Charles Hoskinson, unveiled a new Cardano project named Midnight, a data protection-based blockchain created for developers and humanity. Charles Hoskinson revealed the update about the Midnight at the project known as the ongoing Cardano IO ScotFest: The Age of Voltaire. https://twitter.com/IOHK_Charles/status/1593624972001349632 Read Also: Terra Classic Removes Almost 1 Billion LUNC, Making The Total Circulating Falls Below 6 trillion Facts About Midnight It is a data protection-based blockchain that helps protect confidential personal and commercial data. The fundamental freedom of individuals, developers, and firms will be protected by safeguarding sensitive commercial and personal data. The excerpt of the blog post r...

Binance Adds Support For The COTI, The Official Issuer Of Cardano Stablecoin, Djed, To Enable Borderless Crypto Payment

28Oct

By CryptolifedigitalNo Comments

Cardano

Binance Adds Support For The COTI, The Official Issuer Of Cardano Stablecoin, Djed, To Enable Borderless Crypto Payment

In a recent COTI announcement, it was made known that Binance, the world's largest cryptocurrency exchange had added support for the COTI, a DAG-based Layer 1 platform. It is worth noting that support will allow users of Binance Pay can now send, receive, and make payments using the popular cryptocurrency. Binance Partners With COTI The new development was made known also on the COTI official Twitter handle saying; “We are happy to announce that Binance Pay now supports COTI to enable borderless crypto payments! This will allow millions of Binance users to send, receive and make payments in COTI,” Read Also: Following The Arrival Of New Validators, Over 111 Billion LUNC Are Staked In One Day https://twitter.com/COTInetwork/status/1585637254428401665 However, the announ...

Cardano-Based Mobile Partners With Immunify.Life To Bring Healthcare Services To Disconnected African Countries

8Oct

By CryptolifedigitalNo Comments

Cardano

Cardano-Based Mobile Partners With Immunify.Life To Bring Healthcare Services To Disconnected African Countries

While Cardano has become popular with research that to enhance the crypto sphere, the company has not limited its feather to the research alone but also spread its tentacle to the care for humanity just as gotten from the recent post saying Cardano-based mobile Partners With Immunify.Life. Cardano-based mobile internet connectivity initiative recently partnered with Immunify.Life to provides online-based health solutions to many people living in disconnected and underserved African countries. Read Also: Investors Re-shuffle Over 70 Million XRP Between Bitstamp Exchange And Different Unknown Wallets As It Soars Per the press release, Immunity.Life’s suite will extend the hands of healthcare to the African region via the partnership with Cardano-based mobile. The Benefits of the...

217 Addresses Receive Over 16,000 ADA In Cardano Single Transaction Via eUTXO

6Oct

By CryptolifedigitalNo Comments

Cardano

217 Addresses Receive Over 16,000 ADA In Cardano Single Transaction Via eUTXO

Per the recent tweet shared by Cardano founder and CEO of the IOG, Charles Hoskinson, noting the massive transaction that occurred via eUTXO. According to the tweet, over 16,000 ADA is transferred to multiple addresses, about 217 Cardano addresses from the unknown wallet. https://twitter.com/IOHK_Charles/status/1578031473436741633 Over 16,000 Cardano ADA Is Transferred To 217 Cardano Addresses Via eUTXO Hoskinson’s tweet reveals that 16,164 ADA ($6,961) were transferred to 217 Cardano addresses in one transaction. Interestingly, the user paid a paltry amount of 0.78173 ADA worth $0.33 as a fee for the transaction. Read Also: Shiba Inu Users And a Few Other Crypto Users Can Now Pay Crypto Tax (Zengledger) Via BitPay Commenting on the transaction, Hoskinson said; “Tell me ...

COTI Announces A Partnership Between Cardano’s Djed And Empowa

3Oct

By OLAJIDE SAMUEL3 Comments

Blockchain, Cardano

COTI Announces A Partnership Between Cardano’s Djed And Empowa

The DAG-based Layer 1 protocol, COTI unveils a new partnership for the official stablecoin of Cardano, Djed, as Empowa, a RealFi Project built on the Cardano blockchain Partners With Djed in order to transfer funds to the African building partners https://twitter.com/COTInetwork/status/1576919715532111873 Djed Versus Empowa Per the post, Empowa, a RealFi blockchain project built on the Cardano network, is the latest firm to indicate interest in the stablecoin. It is worth noting that after Empowa’s partnership with COTI, the company will add Djed as a payment method to facilitate funds transfer to local building partners. Read Also: The Ripple's Usual Monthly Unlock Of 1 Billion XRP Tokens Did Not Happen In October, Could It Be That The Total 55 Billion XRP Locked Has Be...

The Third Blockchain Founders Hangout (BFH 3.0) To Hold In Abuja, Nigeria On 25th September 2022, It Aims At Helping Nigerian Entrepreneurs And Developers Gain Exposure To Cardano

24Sep

By Cryptolifedigital1 Comment

Cardano

The Third Blockchain Founders Hangout (BFH 3.0) To Hold In Abuja, Nigeria On 25th September 2022, It Aims At Helping Nigerian Entrepreneurs And Developers Gain Exposure To Cardano

In a recent blog post, it was revealed that the third Blockchain Founders Hangout (BFH 3.0) will kick off in Abuja, Nigeria, on September 25th, 2022. BFH Was Once Launched In Lagos In Early 2022 By Adaverse The BFH 1.0 was launched previously in Lagos, Nigeria this year by Cardano accelerator, Adaverse in collaboration with EMURGO Africa to help connect and identify Young Africans developing the next wave of socially impactful solutions using Web 3.0 tools. Read Also: Shiba Eternity Team To Reward The Winning Contestant In The P2E Game With $5,000 In SHIB Over 200 Attendees In BFH Lagos Event Per the source, the event witnessed a huge gathering of over 200 attendees in Lagos which include Startup founders in Web 2.0 and Web 3.0, cryptocurrency proponents, blockchain evangel...

COTI, An Official Issuer Of Cardano’s Stablecoin Announces Another Partnership With Cogito Protocol

20Sep

By Cryptolifedigital1 Comment

Cardano

COTI, An Official Issuer Of Cardano’s Stablecoin Announces Another Partnership With Cogito Protocol

COTI, the official Djed issuer, Cardano’s new stablecoin, has announced another collaboration for the algorithmic stablecoin, Djed. According to the medium post released today by COTI, Cogito Protocol is the latest firm to indicate interest in Cardano’s Djed. Read Also: Over 581 Million XRP Were Reshuffled By Ripple's Whales. “We are pleased to announce another Djed partnership, this time with Cogito Protocol, a spin-off from SingularityNET, a multichain, decentralized AI platform,” COTI said in an announcement. https://twitter.com/COTInetwork/status/1572210264191148032 Essence Of The Partnership As stated in the announcement, Cogito Protocol will explore the certainty of launching stablecoin trading pairs between Cardano’s Djed and its tracercoins, a new class o...